Compare Today’s Mortgage Rates for Severn, Maryland
Pureloan searches mortgage lenders and major banks in Severn, Maryland 21144 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $12,080 or $34 / month is expected in Severn and other areas of Anne Arundel county.
Pureloan’s search engine explores all home mortgage options in Severn, Maryland 21144, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Severn, Maryland 21144
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Interactive Mortgage Rate Projections for Severn, MD
To forecast and predict mortgage rates in Severn, MD 21144, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.
Historical Mortgage Rates for Severn, Maryland 21144 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Severn, Maryland and around Anne Arundel county to help you understand trends for your home purchase process. This data is produced from actual closed loans.
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 92.45% | 91.31% | 91.42% | 91.52% | 92.13% | 91.23% | 93.13% | 92.07% |
| avg mortgage rate | 4.97% | 4.68% | 3.90% | 3.96% | 4.44% | 4.12% | 3.92% | 4.10% |
| % 15 year fixed mortgage | 5.87% | 6.42% | 6.80% | 7.32% | 6.65% | 7.56% | 5.51% | 6.60% |
| avg mortgage rate | 4.28% | 3.93% | 3.16% | 3.11% | 3.42% | 3.20% | 3.13% | 3.26% |
| Avg credit score | 762.41 | 763.47 | 762.30 | 760.29 | 757.19 | 757.03 | 756.40 | 756.75 |
| Avg LTV (loan to value) | 74.14% | 75.94% | 77.55% | 77.96% | 78.61% | 79.49% | 79.23% | 78.50% |
| Avg DTI (debt to income) | 33.94 | 33.36 | 32.46 | 33.31 | 34.09 | 34.62 | 34.63 | 35.69 |
| % First time homebuyer | 46.16% | 44.36% | 44.01% | 48.60% | 48.27% | 51.41% | 47.46% | 45.87% |
| Avg mortgage insurance % | 3.28% | 5.30% | 7.07% | 8.03% | 9.11% | 10.25% | 9.73% | 9.43% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Severn, Maryland 21144
If you’re looking to buy a new home in Severn, we have compiled a list of the leading mortgage brokers around Severn, Maryland 21144 to help you with your search.
First Mariner Mortgage
838 Ritchie Hwy
Severna Park MD 21144
(410) 647-8400
info@1stmarinerbank.com
Fidelity Bank - Mortgage Lending Office
456A Ritchie Hwy
Severna Park MD 21144
(443) 372-1720
customersupport@lionbank.com
First Home Mortgage
479 Jumpers Hole Rd
Severna Park MD 21144
(410) 544-5920
marcher@gofirsthome.com
Wells Fargo Home Mortgage
572 Ritchie Hwy
Severna Park MD 21144
(410) 384-2660
http://www.wellsfargo.com/mortgage/
OneMain Financial
456A Ritchie Hwy
Severna Park MD 21144
(410) 647-5602
http://www.onemainfinancial.com/uscfa/cfa/portal/home.do
Address
838 Ritchie Hwy
Severna Park MD
Contact
(410) 647-8400
info@1stmarinerbank.com
Address
456A Ritchie Hwy
Severna Park MD
Contact
(443) 372-1720
customersupport@lionbank.com
Address
479 Jumpers Hole Rd
Severna Park MD
Contact
(410) 544-5920
marcher@gofirsthome.com